1. Home >
  2. M&A >
  3. Divestiture >
  4. United States >
  5. Tennessee >
  6. North American Pipe Acquires Lasco Fittings

M&A Deal Summary

North American Pipe Acquires Lasco Fittings

On July 6, 2021, North American Pipe acquired building materials company Lasco Fittings from Aalberts

Acquisition Highlights
  • This is North American Pipe’s 1st transaction in the Building Materials sector.
  • This is North American Pipe’s 1st transaction in the United States.
  • This is North American Pipe’s 1st transaction in Tennessee.

M&A Deal Summary
Date 2021-07-06
Target Lasco Fittings
Sector Building Materials
Buyer(s) North American Pipe
Sellers(s) Aalberts
Deal Type Divestiture

Target

Lasco Fittings

Brownsville, Tennessee, United States
Lasco Fittings is a specializes in the production and sale of injection molded fittings for Irrigation, Plumbing, Industrial, Pool/Spa and Retail markets. Lasco Fittings was founded in 1999 and is based in Brownsville, Tennessee.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

North American Pipe

Houston, Texas, United States
Category Company
Founded 1992
Sector Building Materials
DESCRIPTION

North American Pipe supplies a broad range of gasketed, solvent welded, and restrained joint pipes for a diverse range of markets, including municipal water and sewer, residential plumbing, water well, and agricultural and turf irrigation. North American Pipe was founded in 1992 and is based in Houston, Texas.

DEAL STATS #
Overall 1 of 1
Sector: Building Materials M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Tennessee M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1

Seller(S) 1

SELLER

Aalberts

Utrecht, Netherlands
Category Company
Founded 1975
Sector Machinery
Employees13,124
Revenue 3.1B EUR (2024)
DESCRIPTION

Aalberts is a global producer of industrial technology, products, and services. Aalberts does business in four segments, including building installations, climate control, material technology, and industrial services. Aalberts was founded in 1975 and is based in Utrecht, Netherlands.

DEAL STATS #
Overall 1 of 5
Sector: Building Materials M&A 1 of 2
Type: Divestiture M&A Deals 1 of 5
State: Tennessee M&A 1 of 1
Country: United States M&A 1 of 3
Year: 2021 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-15 Sentinel

Warrington, United Kingdom

Sentinel specializes in the cleaning, protecting, and maintenance of heating and cooling systems in eco-friendly buildings through the optimization of water quality. The company's portfolio of additives, filters, and scale protection ensures optimum temperature transfer to all applicable parts in heating and cooling systems. This contributes significantly to energy savings, improves the system performance, and extends the lifetime. Sentinel was formed in 1988 and is based in Warrington, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-16 Premier Thermal Solutions

Lansing, Michigan, United States

Premier Thermal Solutions is a provider of metal treatment solutions. Premier Thermal Solutions is based in Lansing, Michigan.

Buy -
Mergr

Solution for

Product

Company

Legal